US Futures Flat as Mideast Developments Eyed
2026-05-04 00:10
By
Jam Kaimo Samonte
1 min. read
US stock futures were little changed on Monday as investors evaluated President Donald Trump’s plan to guide ships through the Strait of Hormuz alongside signs of progress in US–Iran peace negotiations.
The initiative is intended to assist civilian vessels flagged in non-aligned countries in exiting the contested waterway so they can resume operations.
Meanwhile, Iran said it is reviewing Washington’s response to its latest 14-point proposal, fueling hopes for a diplomatic resolution to the conflict.
Looking ahead, markets are preparing for key economic releases this week, highlighted by the April US jobs report on Friday, which is expected to show moderating employment growth.
On the corporate side, earnings are due from major companies this week including Palantir, AMD, Loews, Pfizer and McDonalds.